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BRAZILIAN EXPORTERS FRET OVER CURRENCY RATE FREEZE
Tom Murphy |
Brazilian exporters and private analysts are warning of a possible crunch in foreign accounts in the
Maritime
WILLIS CORROON CHIEF CALLS FOR UNITY IN WAKE OF AUDIT
Janet Aschkenasy |
A real "horror story" was uncovered in an audit of many of Willis Corroon Corp.'s retail offices, th
CHINA'S NEW INSURANCE LAW MAY DISAPPOINT FOREIGNERS
Kwan Chooi Tow |
Like cats expecting a saucer of cream, foreign insurers are eagerly awaiting China's new insurance l
LLOYD'S MAY OFFER 2ND SETTLEMENT TO INVESTORS
Journal of Commerce Staff |
Lloyd's of London, whose bid to settle negligence litigation with thousands of investors failed earl
NEW YORK OIL FUTURES
JOC Staff |
New York Mercantile Exchange - June 6, 1994 Prev. Life of Contr. OpenOpen High L
COMMODITY / CHEMICAL BRIEFS
Wire and Staff Reports |
ENGLISH BANK SEEKS MORE GOLD MARKET DATALONDON - Rupert Pennant-Rea, Bank of England
GOVERNMENT CRACKDOWN IN CHINA PINCHES COPPER FUTURES TRADING
Cary O'reilly |
Chinese government crackdowns on speculative trading in China have seriously curtailed futures tradi
OIL INDUSTRY FACES FINANCIAL CHALLENGE TO MEET PREDICTED DEMAND GROWTH
Steven Swindells |
Oil industry leaders at the World Petroleum Congress here last week weren't downhearted. Pri
THAI CEMENT INDUSTRY EYES EXPORT BONANZA
Ron Corben |
Thailand's once-sleepy cement industry is looking for expansion, especially in Indochina, after a fe
Maritime
CSX INTERMODAL EXPANDS, CHALLENGES CONRAIL IN NY, NJ
Lawrence H Kaufman |
CSX Intermodal is aiming to become a formidable competitor to Consolidated Rail Corp. in New York an
PATRIOTISM VS. PROFIT POSES DILEMMA FOR COSCO
Bill Mongelluzzo |
The president of the Cosco Group in Beijing said China's state-owned shipping line is more profit-or
DUMPING PROBE IN MEXICO BURNS US BEEF PRODUCERS
Kevin G. Hall |
U.S. meat producers vow to fight a Mexican commerce agency investigation into allegations by domesti
AFRICAN LEADERS MEET TO DISCUSS DEBT
Knight-Ridder Financial |
African foreign ministers met Monday to discuss the continent's huge debt problems, while heads of s
Maritime
JOURNAL OF COMMERCE INDUSTRIAL PRICE INDEX
JOC Staff |
(1) DAILY INDEX Annual Smoothed percent +11.215/31 101.56/1 101.36/2
RAIL TRAFFIC KEPT GROWING IN MAY INTERMODAL VOLUME SURGED 17.9 PERCENT
Lawrence H Kaufman |
Rail-freight data for May contradict other indicators that suggest the U.S. economy is slowing down.
WOOL GROUP SEES CHINA AS WORLD'S TOP BUYER
P.T. Bangsberg |
China will be the world's largest consumer of wool, mainly for its export- dependent textile sector,
Maritime
NEXTEL, MEXICO TO CREATE NORTH AMERICAN WIRELESS NET
Reuters |
Nextel Communications Inc. said Monday it will invest $165 million for a 22 percent stake in Corpora
Maritime
TRADE BRIEFS
From Wire and Staff Reports |
N. KOREAN SHRUGS OFF THREAT OF SANCTIONSKIEV, Ukraine - North Korean Foreign Ministe
Maritime
US OFFICIAL OPTIMISTIC ON JAPANESE TELECOM TALKS
Mark Magnier |
U.S. Commerce Undersecretary Jeffrey Garten said Monday there was ''considerable hope" that the Unit
Maritime
SHIPYARD SUBSIDY TALKS RESUME WEEK OF JULY 11
Tim Sansbury |
Shipbuilding nations in the Organization for Economic Cooperation and Development (OECD) will meet t
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
FRENCH RETAIL SALES IMPROVE SLIGHTLY
Knight-Ridder Financial |
French retail sales improved marginally in the March-April period, although inventories remained lar
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
AIR CARGO INDUSTRY FACES CAPACITY, RATE PROBLEMS
George F.W. Telfer |
While excess capacity has driven air cargo rates down on most international routes, some U.S. shippe
IRAN TO SPEND $88 MILLION THIS YEAR ON CONSTRUCTING NEW AIRPORTS
Associated Press |
Iran will spend more than $88 million this year on new airport projects, the country's civil aviatio
AFTER DECADES IN VIETNAM'S STREETS, SUN BEGINS TO SET ON CYCLO
Mark Magnier |
Hoang Van Chuong has made a living peddling freight and passengers on his cyclo - Vietnam's version
Maritime
SPOT COMMODITIES
JOC Staff |
June 6, 1994 Included are list prices of suppliers. Quotations do not necessarily represent
KING OCEAN PACT SEEN BOOSTING PORT EVERGLADES
Craig Dunlap |
Port Everglades Authority officials expect their port's container cargo volume to jump by more than
Maritime
BALTIC FREIGHT INDEX
JOC Staff |
1392 (June 6, 1994) Previous day - 1407 The Baltic International Freight Futures Market in L
Maritime
PORTUGAL TO SELL OFF STAKE IN SOPONATA SHIP LINE
Reuters |
The Portugese Cabinet has approved the direct sale of a remaining state-held stake in Portugal's par
Maritime
PEOPLE ENERGY
From Wire and Staff Reports |
CASTLE OIL CORP. (Harrison, N.Y.) - Paul Conley was appointed controller at the fuel oil supplier.
TEAMSTERS VOTE MAY MARK A VICTORY FOR CAREY
Rip Watson |
The overwhelming membership approval of a new Teamsters contract with major less-than-truckload moto
MUSEUM PLANS FUTURISTIC TRAIN STATION
Associated Press |
The future would meet the past if a proposed futuristic train station is constructed at the Henry Fo
S&P: UK UTILITIES' RATINGS TO DIVERGE
Knight-Ridder Financial |
Standard & Poor's ratings group anticipates a greater divergence in the ratings of U.K. regional ele
ARGENTINE AIRPORT PLAN RETURNS TO THE DRAWING BOARD
Paula L. Green |
The Argentine government's plan to privatize the country's airports has fallen behind schedule as a
EFFORTS TO DIVERT PORT FUNDS APPEAR TO HAVE ABATED
WILLIAM DiBENEDETTO |
James Preusch is still steamed about the city of Los Angeles' raids on Port of Los Angeles funds in
Maritime
NAFTA OFFICES FIND HOMES DEEP IN HEART OF TEXAS
Special to The Journal of Commerce |
Already assured of prominence as the gateway to Mexico in a new era of trade, Texas gained two more
STATE KEEPS UP A HEALTHY PACE IN AIR CARGO TONNAGE FIGURES
Special to The Journal of Commerce |
While Miami continues to dominate as the primary air cargo connection to Latin America, Texas contin
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
EXPORT OPPORTUNITIES
Information Supplied by the U.S. Dept. of Commerce |
Trade leads supplied by: US Department of CommerceU.S. and Foreign Commercial Service
Maritime
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